Rich Talk

This is how Davido spends his Millions

Last Updated on December 6, 2021 by Akan

We all know that Davido has billions of Naira to inherit from his billionaire father, but that doesn’t stop the “Fall” crooner from amassing millions upon millions of Naira from his successful and highly profitable music career.

The journey started for Davido in 2012 when he released two hit songs that shook the music industry “Back When” and “Dami Duro” which are both some of the banging songs in his “Omo Baba Olowo” album.

The manner and attitude in which Davido took the stage no one could stop him… because the force was toooo much and unexpected by every music critics in the game.

His early success brought him a lot of wealth and one of his first purchases was a white Porsche which he loves cruising in around town from club to club.

Curious on what else Davido spends his money on? Well then we have got you covered.

Here is an exclusive look on how Davido spends his millions of dollars

Davido was born in Atlanta November 21, 1992 to a billionaire dad who happens to be a very close friend with Dangote the richest man in africa.

Source: Davido/Instagram

Mr Adeleke first sent to Davido to school in America but the Atlanta born took a detour and branch out into music instead. Just like Fela Anikulapo Kuti.

Starting out as a producer, Davido was motivated to remain in music and perform music by himself.

Later he told Charlamagne tha god of The Breakfast Show that he created a beat for one of his musician friend in the early days but the artist rejected the beat.
He took the beat and make a song out of it and the song turns out to be Dami Duro which was his first hit in the music industry.

After that it was hits upon hits.

Right from time Davido has been spending heavily on his music career.

To feature Naeto C in his second hit jam “Back When” it was reported that he paid the popular rapper by then a whooping sum of N1 million Naira.

That amount was one of the biggest for a feature in the music industry.

As he began to gain more attention his flamboyant lifestyle started to show off too.

In 2013 his “Omo Baba Olowo” album won The Headies Awards for best album of the year and was nominated as the album of the year in Nigeria Entertainment Awards.

The album featured top acts like 2baba, Ice Prince and B-Red.

After the release of his album, The Net reported that MTN Nigeria offered Davido a 30 million Naira contract which was the biggest deal that year in 2012.

The following year in 2013 Davido also signed another endorsement deal with Guinness worth millions of Naira.

Later In 2015 Davido released a hit song “Fans Mi” featuring the America ace rapper Meek Mill.

The song went on to make millions of Naira for the singer. That same year he released another album titled “The Baddest” The album has a lot of controversies as its featured both Don Jazzy, Shizzy and a lot of other music heads.

In the following year in 2016 Sony Music signed Davido for millions of Dollars which enabled him to have more international traction and all his songs started flying over the roof and crossing
international borders.

By this time Davido has started cruising with about 4 exotic cars to different clubs and shows and events accompanied by his large never decreasing entourage and huge body guards that are ready to die for him..

O.B.O who is one of the richest musicians in Nigeria is also one of the most expensive Nigerian musicians to call for your show. Booking Davido ranges from 20 to 50 million Naira. This is due to different certain circumstances like time on stage, location, logistics and audience ticket buying power.

In 2017 he released “IF” the song was featured on billboard and broke alot of records followed by “Fall” and “Fai”
Those 3 songs by Davido paved the way for him on international borders.

After all these much successes and blessings that falls upon Davido the next thing the popular singer has been showing us is his Wealth and fleet of cars and also how he spends his money.

Davido Cars and their Worth

According to Davido was rumoured to have bought a Rolls Royce Cullinan that Hushpuppi claimed he alone could afford in Africa.

After that, amongst Davido fleet of cars is A Bentley Bentayga worth N108 million Naira,
a Porsche Panamera worth 28 million Naira,
a Range Rover SV Autobiography worth 98 million Naira,
a Chevrolet Camaro GS worth 9.4 million Naira,
a Audi R8 worth 23 million Naira,

a Mercedes AMG worth N45 million Naira,
a Mercedes G-wagon worth 21 million Naira,
and a Toyota Land cruiser worth 30 million Naira.

When Chioma did her birthday in 2018 he gave her an Assurance of a Porsche car worth 45 million Naira and travelled to foreign countries for holiday with the love of his life.

In 2016 he formed his record label DMW and signed Mayorkun and Dremo where he offered them a multi million Naira deal.
Later in the years he added the talented Peruzzi to the mix.

Davido love his crew so much that in 2019 he bought a Benz for Aloma his long time friend and numerous cars for different of his team members.

Recently he also bought a mansion for his team in Lekki to show his appreciation for them.

In 2019 that same year he took all his crew members out for shopping in a costly shop in Dubai where all of them were seen with a Fending big bag that contains expensive shoes and wears all paid for by Davido himself.

Davido spendings
Source: Davido/Instagram

Later that year Punch Newspaper reported that Davido has deposited 36 million Naira for a customised jewelry for Zlatan Skiibii, Lil fresh and 7 others of his team members.

Ice box which is a highly expensive Jewell shop in Atlanta has seen repeated patronage from Davido with spending ranging from 200k dollars and above for several customised 30bg blinks.

In 2019 it was also rumoured that Davido has a mansion in Lekki has purchased a private jet… but news soon broke out that the jet was for his billionaire father… (so we wonder, doesn’t the property of Davido father also belongs to Davido the son?)

But this didn’t stop the Assurance crooner from spending his money and gifting total strangers millions of Naira.

Recently he gave Ayofrica 1 million Naira for his photoshoped picture of him and Wizkid as the two Africa priest of music.

This year 2020 Davido made one of the most expensive and wise spending in his lifetime.

He purchased a mansion worth 850 million Naira in Banana Island which is unarguably one of the most costliest city to live in in Lagos.

This makes Davido a new neighbor with Linda Ikeji, Peter and Paul Okoye and Mompha .

Apart from all these high purchases, Davido also travels to Dubai, Santorini Greece and other lovely places for holidays.

There you have it guys, the full story on how Davido spends his millions over the years.

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